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Private Road 5552 - Ranch Land - Lake Fork TX

7 Acres of Commercial Land Offered at $245,000 in Alba, TX 75410

Investment Highlights

  • ready to build
  • No restrictions
  • AG exempt

Executive Summary

This property is ready to develop now. No need for dirt work or costly excavation. It is APX 7 acres of a larger waterfront ranch for sale. We are offering this raw land (no restrictions-buyer to verify). So one could by this parcel or the entire ranch with rentals and income at $1.5M. Current taxes are $7 per year. Costs in E.TX is still low to develop unlike N.TX and S.TX. Close to Dallas (1hr) 65 miles and 30 minutes to Canton TX. This property is in Wood county TX. New on the market so act fast to secure affordable build ready land in Texas ~

Property Facts

Price $245,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 7.00 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $245,000
Price Per AC $35,000
Lot Size 7.00 AC

Ready to build now. 1000 ft from lake fork 75410 Gently rolling sandy loam soil and it is shovel ready with Electricity and water at the ranch road. Or go solar and drill your own water well. Soon the waterfront ranch venue will be on the market

Description

This tract is currently used as a horse pasture and is ag exempt. Ready to develop or build as is. There is a housing shortage in the area. So tiny homes, motor home village, rv park or a combo of all would be very profitable. Costs to build here are much less than most of Texas. Taxes are low. Great time to buy. Or buy and build later.

  • Listing ID: 33309908

  • Date on Market: 9/26/2024

  • Last Updated:

  • Address: Private Road 5552, Alba, TX 75410

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